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3690 Stock Chart & Stats
HK$77.50
HK$1.40(1.57%)
At close: 4:00 PM EDT
HK$77.50
HK$1.40(1.57%)
Day’s Range― - ―
52-Week RangeHK$63.65 - HK$108.00
Previous CloseN/A
Volume35.07M
Average Volume (3M)22.49M
Market Cap
HK$461.31B
Enterprise ValueHK$313.55B
Total Cash (Recent Filing)HK$190.23B
Total Debt (Recent Filing)HK$95.82B
Price to Earnings (P/E)―
Beta1.32
Next Earnings
Nov 27, 2026EPS Estimate
0.34Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-6.29
Shares Outstanding5,596,355,500
10 Day Avg. Volume23,544,216
30 Day Avg. Volume22,488,256
Financial Highlights & Ratios
PEG Ratio0.15
Price to Book (P/B)3.66
Price to Sales (P/S)1.51
P/FCF Ratio-20.40
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$117.72Price Target Upside51.90% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering15
EPS Forecast (FY)0.16
Revenue Forecast (FY)HK$415.91B
Bulls Say, Bears Say
Bulls Say
Marketplace Scale And Core Commerce GrowthGrowth across core local commerce and product sales demonstrates continued consumer engagement and merchant demand on Meituan’s marketplace. A larger transaction base can reinforce network effects, improve delivery density, and support more efficient monetization across commissions, advertising, and fulfillment services.
Improving Operating Execution And Unit EconomicsPositive delivery unit economics and stronger core operating profit indicate that Meituan is converting marketplace scale into better profitability. Sustained efficiency gains would improve the resilience of the business model, provide more capacity for investment, and support margin recovery as competitive conditions normalize.
Strong Liquidity And Financial FlexibilityThe substantial cash and short-term investment position gives Meituan meaningful flexibility to fund technology, grocery, overseas expansion, and other strategic initiatives. It also provides a buffer while newer businesses scale, helping the company absorb investment requirements without relying as heavily on external financing.
Bears Say
Persistent Negative Cash GenerationMaterially negative operating and free cash flow weakens Meituan’s ability to self-fund growth despite its strong liquidity position. If the cash burn persists, more capital will be required for expansion and new initiatives, reducing financial flexibility and potentially limiting future allocation choices.
Significant Margin Compression And LossesThe sharp decline in gross margin and return to sizable net losses show that revenue growth is not currently translating into stable earnings power. Prolonged margin pressure could constrain reinvestment returns, weaken profitability across the platform, and make recovery dependent on improved costs or more favorable competitive conditions.
Loss-making Expansion And Intense CompetitionContinued industry subsidies and losses in newer initiatives create a structural risk to returns as Meituan invests to defend or expand its market position. Prolonged competition can require heavier spending, delay margin recovery, and make growth in grocery, local services, and other businesses less economically attractive.
Meituan News
3690 FAQ
What was Meituan’s price range in the past 12 months?
Meituan lowest stock price was HK$63.65 and its highest was HK$108.00 in the past 12 months.
What is Meituan’s market cap?
Meituan’s market cap is HK$461.31B.
When is Meituan’s upcoming earnings report date?
Meituan’s upcoming earnings report date is Nov 27, 2026 which is in 35 days.
How were Meituan’s earnings last quarter?
Meituan released its earnings results on Aug 28, 2026. The company reported HK$0.484 earnings per share for the quarter, beating the consensus estimate of HK$0.063 by HK$0.421.
Is Meituan overvalued?
According to Wall Street analysts Meituan’s price is currently Undervalued.
Does Meituan pay dividends?
Meituan does not currently pay dividends.
What is Meituan’s EPS estimate?
Meituan’s EPS estimate is 0.34.
How many shares outstanding does Meituan have?
Meituan has 5,596,355,500 shares outstanding.
What happened to Meituan’s price movement after its last earnings report?
Meituan reported an EPS of HK$0.484 in its last earnings report, beating expectations of HK$0.063. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Meituan?
Currently, no hedge funds are holding shares in HK:3690
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Meituan Stock Smart Score
Neutral
1
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10
Analyst Consensus
Strong Buy
Average Price Target:
HK$117.72 (51.90% Upside)
HK$117.72 (51.90% Upside)
Blogger Sentiment
Bullish
HK:3690 Sentiment 75%
Sector Average 60%
Sector Average 60%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-22.64%
12-Months-Change
Fundamentals
Return on Equity
-24.10%
Trailing 12-Months
Asset Growth
22.93%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Meituan
Meituan manages a comprehensive online platform that facilitates a diverse range of services. Its operations are organized into three principal segments: Food Delivery; In-store, Hotel & Travel; and New Initiatives and Others. The Food Delivery division enables customers to conveniently order prepared meals from numerous vendors. Meanwhile, the In-store, Hotel & Travel segment allows patrons to acquire local consumer services from various in-store businesses or to book reservations for hotels and tourist attractions. The New Initiatives and Others division covers sales from its B2B food distribution and Meituan grocery services, alongside an assortment of other ventures such as Meituan Instashopping, community e-commerce, shared bicycles and electric mopeds, and micro-lending facilities. Established in 2003, Meituan is headquartered in Beijing, China. The company rebranded to its current name, Meituan, in October 2020, having previously operated as Meituan Dianping.
3690 Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized clear operational and financial progress: revenue rose 14.4% to RMB 104.6 billion, unit economics turned positive, segments improved to profitability (core commerce) and new initiatives showed revenue growth with narrowing losses. Strong cash and investment positions, rapid grocery and overseas expansion, and significant AI progress were highlighted. Near-term challenges include elevated industry subsidies, Q3 seasonality and cost headwinds (including nationwide courier insurance rollout), continued scale losses in some new initiatives, and intense competition in certain markets. Overall, the positives—accelerating revenue, return to profitability, improved margins and strong strategic investments—outweigh the highlighted near-term pressures.View all HK:3690 earnings summaries3690 Stock 12 Month Forecast
Average Price Target
HK$117.72
▲(51.90% Upside)
Technical Analysis
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